Japan: Market for Straw Or Fodder Balers, Including Pickup Balers 2025

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Japan

The Japanese straw for fodder balers market dropped notably to $X in 2021, with a decrease of -20.9% against the previous year. In general, consumption continues to indicate a noticeable descent. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Straw Or Fodder Balers, Including Pickup Balers in Japan

In value terms, straw for fodder balers production declined rapidly to $X in 2021 estimated in export price. Overall, production saw a mild downturn. The most prominent rate of growth was recorded in 2014 with an increase of 61% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Japan

Straw for fodder balers exports from Japan skyrocketed to X units in 2021, picking up by 21% against the year before. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 38%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, straw for fodder balers exports surged to $X in 2021. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2016 when exports increased by 52% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Thailand (X units) was the main destination for straw for fodder balers exports from Japan, with a 67% share of total exports. Moreover, straw for fodder balers exports to Thailand exceeded the volume sent to the second major destination, Russia (X units), threefold. The third position in this ranking was held by South Korea (X units), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand totaled +116.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+23.1% per year) and South Korea (-14.7% per year).

In value terms, Thailand ($X) remains the key foreign market for straw or fodder balers, including pickup balers exports from Japan, comprising 73% of total exports. The second position in the ranking was held by South Korea ($X), with an 8.8% share of total exports. It was followed by Russia, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to Thailand stood at +124.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-11.3% per year) and Russia (+20.3% per year).

Export Prices by Country

In 2021, the average straw for fodder balers export price amounted to $X per unit, picking up by 3.3% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The growth pace was the most rapid in 2016 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Japan

In 2021, imports of straw or fodder balers, including pickup balers into Japan expanded significantly to X units, with an increase of 6.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 60% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, straw for fodder balers imports surged to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of straw for fodder balers imports to Japan, together comprising 68% of total imports. These countries were followed by Poland, Hungary, Italy and Ireland, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers suppliers to Japan were France ($X), Germany ($X) and the Netherlands ($X), together comprising 71% of total imports. Poland, Hungary, Italy and Ireland lagged somewhat behind, together accounting for a further 23%.

Among the main suppliers, Hungary, with a CAGR of +19.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average straw for fodder balers import price stood at $X per unit in 2021, rising by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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